Robert Kennedy Jr. Says Bitcoin the ‘Currency of Freedom,’ Supports Trump’s Treasury Secretary Pick for Crypto

Robert F. Kennedy Jr., a former presidential candidate, was clear in his praise of Bitcoin BTC/USD as a solution to the U.S. national debt and an inflation hedge.

Kennedy recently expressed his unwavering support for the dominant cryptocurrency on X. Bitcoin is the currency of freedom, a hedge against inflation for middle-class Americans, a remedy against the dollar’s decline from the world’s reserve currency, and the offramp from a catastrophic national debt, he stated.

Kennedy also strongly supported Howard Lutnik for the position of Treasury Secretary in the upcoming Donald Trump administration, contending that the CEO of Cantor Fitzgerald would be a significant proponent of Bitcoin.

The currency of freedom, Bitcoin is a hedge against inflation for middle-class Americans, a remedy against the dollar’s decline from the world’s reserve currency, and the offramp from a harmful national debt. There will be no more powerful advocate for Bitcoin than Howard Lutnik.

Kennedy Jr.’s advocacy for Bitcoin is not novel. During his presidential campaign in July, he declared his intention to persuade the federal government to accumulate Bitcoin until its holdings matched the nation’s gold reserves.

Kennedy had previously expressed his belief that cryptocurrency should be regarded as a currency, not subject to capital gains tax, and utilized for routine purchases.

Meanwhile, President-elect Trump declared that Kennedy would assume the position of Secretary of Health and Human Services (HHS), which represents the incorporation of yet another pro-Bitcoin representative in the forthcoming cabinet. Rep. Matt Gaetz (R-Fla.) was selected as the nominee for attorney general, while Tulsi Gabbard was nominated for Director of National Intelligence.

According to data, Bitcoin was trading at $90,653.00 at the time of writing, representing a 0.69% increase in the past 24 hours.

Also Read: Paul Tudor Jones’s Bitcoin Assets Spike to $159.9M via BlackRock IBIT